Meet the Locketts.
With plans to expand their family, Larry and wife Tabitha were confronted with a common realization among first-time homeowners: we’re going to need more space! With their sights already set on a new home in a highly sought-after neighborhood, they needed a fast solution. But where to start?
Selling their first home was no easy decision. Although they had enjoyed living there for nearly a decade, the property’s age was beginning to show — with potentially significant repairs needed, Larry and Tabitha wondered if it were even possible to quickly sell it. Despite the couple’s resolve to move, the uncertainty of their selling situation presented a major roadblock.
Knowing they might lose out on the home they coveted, Larry and his wife made the difficult decision to move forward with the purchase process. Eager to upgrade to more space and take up residence in a hotly desired area, their excitement was quickly overshadowed by the urgent necessity to sell their existing home.
Larry and Tabitha soon met with a real estate agent to discuss their options. Needing to streamline the real estate transaction to avoid the ugly expense of overlapping mortgage payments, the Locketts quickly determined an iBuyer may provide the best solution — but it raised new questions.
Having bought their home traditionally through a licensed real estate agent, this ‘new’ selling approach was an entirely different domain for Larry and Tabitha. Not sure what to expect, they questioned whether an iBuyer might shortchange them in the end — especially with their home needing potential repairs. Additionally, with so many companies to choose from, who could provide the best solution?
The Locketts whittled their selection down to a couple companies after some initial research — after engaging each and receiving various offers, the couple elected to sell their home with Offerpad. Larry and Tabitha were impressed with the company’s prompt communication and friendly team members, citing these factors as a key difference between them and other companies. With Offerpad, they finally had a selling solution that would best serve their family.
Apart from providing a timely selling solution and a flexible closing date, Offerpad was able to relieve Larry and Tabitha’s home repair anxiety. The couple had previously wrestled with the decision to hire a contractor or manage repairs themselves — both options seemed to carry certain risks. By working with Offerpad, their team managed all necessary repairs without gouging them in terms of price; as a welcome surprise, they felt they had been treated fairly. In the end, the repairs that had previously proven to be a major inconvenience — one that nearly prevented Larry and Tabitha from buying their next home — ultimately proved to be a nonissue with Offerpad.
“Because of Offerpad, we were able to quickly sell our home with no headache and still make a nice little profit,” said Larry. With another member of the family planned for the near future, that profit could certainly go a long way.
On behalf of the entire team at Offerpad: congratulations on selling your home, Larry and Tabitha! Thank you for giving us the opportunity to serve you.
Helping more people move freely
With new homes acquired every 20 minutes throughout business hours, stories like the Locketts happen every day at Offerpad. We’ve made it our mission to provide the best possible way to buy and sell a home — we make it possible by delivering consumer-centric solutions in real estate.
Move freely with Offerpad! Get in touch with us and see how we can make things easier for you.